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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$1.00

$1.43 B

5.01%

$0.05

0.17%

Vitals

YTD Return

1.3%

1 yr return

5.2%

3 Yr Avg Return

2.4%

5 Yr Avg Return

1.9%

Net Assets

$1.43 B

Holdings in Top 10

40.0%

52 WEEK LOW AND HIGH

$1.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.17%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$10,000,000

IRA

N/A


Fund Classification

Fund Type

Money Market Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$1.00

$1.43 B

5.01%

$0.05

0.17%

TUGXX - Profile

Distributions

  • YTD Total Return 1.3%
  • 3 Yr Annualized Total Return 2.4%
  • 5 Yr Annualized Total Return 1.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.02%
DIVIDENDS
  • Dividend Yield 5.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    RBC BlueBay U.S. Government Money Market Fund
  • Fund Family Name
    RBC Global Asset Management.
  • Inception Date
    Sep 01, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Management Team

Fund Description

The Fund invests at least 99.5% of its total assets in Government securities, cash and repurchase agreements collateralized fully by Government securities or cash. For purposes of this policy, “Government securities” means any securities issued or guaranteed as to principal or interest by the United States, or by a person controlled or supervised by and acting as an instrumentality of the Government of the United States pursuant to authority granted by the Congress of the United States; or any certificate of deposit for any of the foregoing. The Fund considers repurchase agreements with the Federal Reserve Bank of New York to be U.S. Government securities for purposes of its investment policy. The Fund intends to be a “Government money market fund,” as such term is defined in or interpreted under Rule 2a‑7 under the 1940 Act. Shareholders will be given at least 60 days’ advance notice of any change to the 99.5% policy. In addition, in normal market conditions, the Fund will invest at least 80% of its assets in in U.S. Government securities (as defined above) and in repurchase agreements secured by them. For purposes of this policy, the term “assets” means net assets plus the amount of borrowings for investment purposes. Shareholders will be given at least 60 days’ advance notice of any change to the 80% policy.
The Fund Board does not currently intend to impose liquidity fees on Fund redemptions. Please note, however, that the Board reserves the ability to subject the Fund to a liquidity fee in the future, after providing prior notice to shareholders.
The Fund invests only in eligible securities as defined by Rule 2a‑7 of the 1940 Act that present minimal credit risks. Each investment by the Fund must mature (or be deemed by Rule 2a‑7 to mature) within 397 days of the date of investment. The Fund maintains a dollar-weighted average portfolio maturity of 60 days or less and a dollar-weighted average life (portfolio maturity measured without reference to provisions that otherwise permit the maturity of certain adjustable rate securities to be deemed to be “shortened” to their next interest rate reset date) of 120 days or less. Immediately after any investment by the Fund in a security (other than a U.S. Government security), the Fund may not have more than 5% of its assets invested in securities of the issuer, except for certain temporary investments.
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TUGXX - Performance

Return Ranking - Trailing

Period TUGXX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% 0.0% 1.8% 11.41%
1 Yr 5.2% 0.5% 5.7% 20.30%
3 Yr 2.4%* 0.7% 2.6% 21.95%
5 Yr 1.9%* 0.6% 110.5% 12.24%
10 Yr 1.3%* 0.3% 32.0% 6.57%

* Annualized

Return Ranking - Calendar

Period TUGXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% -0.1% 5.0% 43.03%
2022 0.0% 0.0% 1.2% 43.51%
2021 0.0% 0.0% 0.0% 43.01%
2020 0.0% 0.0% 0.4% 43.24%
2019 0.0% 0.0% 2.0% 43.56%

Total Return Ranking - Trailing

Period TUGXX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% 0.0% 1.8% 11.41%
1 Yr 5.2% 0.5% 5.7% 20.30%
3 Yr 2.4%* 0.7% 2.6% 21.95%
5 Yr 1.9%* 0.6% 110.5% 12.24%
10 Yr 1.3%* 0.3% 32.0% 6.57%

* Annualized

Total Return Ranking - Calendar

Period TUGXX Return Category Return Low Category Return High Rank in Category (%)
2023 5.3% 0.8% 5.9% 19.90%
2022 1.4% 0.0% 1.8% 23.92%
2021 0.0% 0.0% 1.9% 8.06%
2020 0.5% 0.0% 3.0% 10.59%
2019 2.3% 0.0% 3797.9% 11.35%

NAV & Total Return History


TUGXX - Holdings

Concentration Analysis

TUGXX Category Low Category High TUGXX % Rank
Net Assets 1.43 B 818 K 211 B 22.57%
Number of Holdings 346 1 346 0.48%
Net Assets in Top 10 7.73 B -343 K 163 B 47.27%
Weighting of Top 10 39.97% 22.7% 100.0% 90.46%

Top 10 Holdings

  1. Federal Reserve Repo 0.05% 1/3/2022 39.90%
  2. Federal Reserve Repo 0.05% 1/3/2022 39.90%
  3. Federal Reserve Repo 0.05% 1/3/2022 39.90%
  4. Federal Reserve Repo 0.05% 1/3/2022 39.90%
  5. Federal Reserve Repo 0.05% 1/3/2022 39.90%
  6. Federal Reserve Repo 0.05% 1/3/2022 39.90%
  7. Federal Reserve Repo 0.05% 1/3/2022 39.90%
  8. Federal Reserve Repo 0.05% 1/3/2022 39.90%
  9. Federal Reserve Repo 0.05% 1/3/2022 39.90%
  10. Federal Reserve Repo 0.05% 1/3/2022 39.90%

Asset Allocation

Weighting Return Low Return High TUGXX % Rank
Cash
51.23% 25.56% 100.00% 99.05%
Bonds
48.77% 0.00% 74.44% 1.18%
Stocks
0.00% 0.00% 0.00% 43.13%
Preferred Stocks
0.00% 0.00% 0.00% 43.13%
Other
0.00% -1.67% 0.04% 43.13%
Convertible Bonds
0.00% 0.00% 21.22% 47.63%

Bond Sector Breakdown

Weighting Return Low Return High TUGXX % Rank
Cash & Equivalents
51.29% 0.00% 100.00% 96.92%
Government
29.41% 0.00% 44.01% 20.85%
Municipal
19.12% 0.00% 22.71% 1.18%
Securitized
0.17% 0.00% 1.75% 0.95%
Derivative
0.00% 0.00% 0.00% 41.94%
Corporate
0.00% 0.00% 100.00% 54.03%

Bond Geographic Breakdown

Weighting Return Low Return High TUGXX % Rank
US
48.77% 0.00% 72.86% 1.18%
Non US
0.00% 0.00% 3.41% 44.31%

TUGXX - Expenses

Operational Fees

TUGXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.17% 0.08% 4.53% 90.45%
Management Fee 0.10% 0.03% 0.50% 18.01%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.05% 0.01% 0.55% 23.21%

Sales Fees

TUGXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 5.75% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

TUGXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 5.00% 5.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

TUGXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 485.00% N/A

TUGXX - Distributions

Dividend Yield Analysis

TUGXX Category Low Category High TUGXX % Rank
Dividend Yield 5.01% 0.00% 5.54% 8.29%

Dividend Distribution Analysis

TUGXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

TUGXX Category Low Category High TUGXX % Rank
Net Income Ratio 0.02% -1.09% 1.67% 21.76%

Capital Gain Distribution Analysis

TUGXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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TUGXX - Fund Manager Analysis

Managers

Management Team


Start Date

Tenure

Tenure Rank

Jan 28, 2008

14.35

14.4%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 46.68 14.93 19.01